International Conference on Eurasian Economies
17-18 September 2013 – St. Petersburg, RUSSIA
Paper detail
Paper ID : 723
Status : Paper published
Language : Turkish
Topic : Natural Resources and Environment
Presenter: Dr. Nuran Belet
Session : 5D Enerji ve Tabii Kaynaklar
Security of Energy Supply for European Union and Trans Anatolian Natural Gas Pipeline Project
Avrupa Birliği ve Enerji Arzı Güvenliği Açısından Trans Anadolu Doğalgaz Boru Hattı
- Dr. Nuran Belet (Gazi University, Türkiye)
Abstract
The fact that global economies are growing rapidly, unequal geographical distribution of energy resources and the fact that no renewable energy resource can compete with oil and natural gas at least in the near future strengthens the energy subject. In this regard, energy demands of the developed countries and the world intensifies on the energy resources of Eurasia Region, especially Caspian Region. The main factor of the energy demand isn't the supply of energy for the least possible cost but the transfer of the needed energy via secure gas pipes so that the national economies can continue producing. Russia is the most important supplier of natural gas for European countries. Eurasian regian and the Caspian Basin countries have become strategic actors in the energy market because of their rich natural gas reserves. Russia's cutting off natural gas to Europe across Ukraine upon the crisis with this country has caused a deep concern. European Union wishes to support security projects for supply synchronically of different countries into which Ukraine and Belarus -those it uses as transit for gas transfer- aren't included because of political and economical reasons to meet its energy demand. In this respect, Turkey plays a key role in supplying energy from this region to minimize the risks of energy supply security. Turkey is located in the center of a geopolitical region which produces oil and natural gas. But it can't make use of its potential. Turkey has to create opportunities to play an active role in various energy projects and pipeline routes. This is an analysis of TANAP project's impacts on European Union's energy supply security, Azerbaijan, Turkey and other countries of the region.
JEL codes: Q41, Q42, Q43
Belet, Nuran (2013). "Security of Energy Supply for European Union and Trans Anatolian Natural Gas Pipeline Project" in Proceedings of International Conference of Eurasian Economies 2013, pp.999-1008, St. Petersburg, RUSSIA.
DOI: https://doi.org/10.36880/C04.00723
Session 5D: Enerji ve Tabii Kaynaklar
